Plan Snapshot
- Plan Sponsor: Mcgrath Rentcorp
- Sponsor EIN: 942579843
- Sponsor Address: 5700 LAS POSITAS ROAD, LIVERMORE, CA, 94551
- Plan Type: 401(k)
- Total Participants: 1,237
- Total Assets: $135.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,237 | $135.3M | $3.2M | $6.9M |
| 2023 | 1,233 | $123.8M | $3.1M | $6.6M |
| 2022 | 1,234 | $102.9M | $2.8M | $6.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $115,375 | — | $115,375 |
| MORNINGSTAR INC | NONE | $5,888 | — | $5,888 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- MORNINGSTAR INC — NONE
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,263
- Estimated Expense Ratio: 0.090% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $94,356 | $9,865 | — | — | — |
| 2023 | $112,692 | $4,276 | — | — | — |
| 2022 | $111,921 | $979 | $6,023 | — | $50 |